ICO isn't always gains and pretty. SCAMbugs are everywhere!steemCreated with Sketch.

in scams •  7 years ago 

99% of today coins are shitcoins,

only 1% will last through the test of time

and 85% of them are SCAMS!

BEWARE!


Prodeum ICO


Prodeum ICO, which raised 5400ETH, left this message for investors. Prodeum means on the side of God, which begs the question, what just got financed?


Confido ICO


https://www.cnbc.com/2017/11/21/confido-ico-exit-scam-founders-run-away-with-375k.html


Bitconnect


https://cointelegraph.com/news/investors-file-class-action-lawsuit-against-bitconnect-following-its-shutdown


Benebit ICO


https://bitcoinexchangeguide.com/benebit-pulls-an-exit-scam-disappearing-with-3-million-in-ico-funds/




So how do we avoid these scams?

Simple, by doing your homework.

scams ico blockchain steemph philippines
7 years ago by

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      ·  7 years ago 

    Preach it.

    But for real. Do your own research.

    Don't be blinded by profits or tricked by fools.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
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